Pfizer Ltd. — Regulatory Filings 2024

Apr 25, 2024

==> picture [100 x 42] intentionally omitted <==

Pfizer Limited

The Capital, 1802/1901, Plot No. C - 70, G Block, Bandra Kurla Complex, Bandra (East), Mumbai 400 051. Tel : +91 22 6693 2000 Fax : +91 22 2654 0274

April 25, 2024

The Corporate Relationship Dept. The Manager, Listing Dept. BSE Limited The National Stock Exchange of India Ltd. 1[st] Floor, P.J.Towers Exchange Plaza, 5[th] Floor, Plot No. C/1, Dalal Street, Fort G Block Bandra-Kurla Complex, Bandra (E) Mumbai – 400 001 Mumbai – 400 051 Scrip Code: 500680 Scrip Symbol: PFIZER

Dear Sirs,

Sub: Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations,

2015.

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“LODR Regulations”), we wish to inform you that, the Company has received an Order on April 24, 2024, from the Deputy Commissioner, Dehradun - Sector 8: Uttarakhand, basis the GST Audit conducted for Uttarakhand, Union Territory for the financial year 2018-19, for a Tax demand of Rs. 6,51,894/-, Interest of Rs. 6,45,536/- and a penalty of Rs. 65,189/aggregating to a total demand of Rs. 13,62,619/-

Based on our assessment, we believe that the said demand is not maintainable, and the Company is in the process of preferring an appeal against the said Order. The Order has no material impact on the financials, operations or other activities of the Company.

Additional details required to be disclosed pursuant to the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 read with SEBI/HO/CFD/ CFDPoD1/P/CIR/2023/123 dated July 13, 2023 are enclosed as Annexure A .

Please take the above on record.

Thanking you,

Yours truly,

For Pfizer Limited PRAJEET Digitally signed by PRAJEET NAIR NAIR Date: 2024.04.25 19:44:04 +05'30' Prajeet Nair

Director – Corporate Services & Company Secretary

CIN: L24231MH1950PLC008311 Email ID: contactus.india@pfizer.com Website: www.pfizerltd.co.in

ANNEXURE – A

Information as required under Regulation 30 - Part A of Para A of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015

Sr.no.	Particulars	Details
1.	Name of Authority Initiating the action/passing the order.	Deputy Commissioner, Dehradun – Sector 8: Uttarakhand,
2.	Nature and details of the action(s) taken, initiated or order(s) passed.	Order dated April 24, 2024, under section 73 of Goods & Services Tax Act, 2017 read with Rule 142 (5) of the Goods & Services Tax Rules, 2017, for a Tax demand of Rs. 6,51,894/- (Rupees Six Lakhs Fifty One Thousand Eight Hundred Ninety Four only), Interest of Rs.6,45,536/- (Rupees Six Lakhs Forty Five Thousand Five Hundred Thirty Six only) and a penalty of Rs. 65,189/- (Rupees Sixty Five Thousand One Hundred Eighty Nine only) aggregating to a total demand of Rs. 13,62,619/- (Rupees Thirteen Lakhs Sixty Two Thousand Six Hundred Nineteen only)
3.	Date of receipt of direction or order, including any ad-interim or interim orders, or any other communication from the authority	April 24, 2024
4.	Details of the violation(s) / contravention(s) committed or alleged to be committed.	The Officer has raised the GST demand on account of mismatch of Integrated Goods and Services Tax (ISGT) paid as per the returns for the period 2018 – 19 and alleged subsequent availment of ineligible Input Tax Credit by the Company.
5.	Impact on financial, operation or other activities of the listed entity, quantifiable in monetary terms to the extent possible	Based on our assessment, we believe that the said demand is not maintainable, and the Company is in the process of preferring an appeal against the said Order. The Order has no material impact on the financials, operations or other activities of the Company.